Matterhorn Readies Southeast Asia Hedge Fund

Nov 20 2012 | 3:01pm ET

Matterhorn Investment Management will launch an emerging-markets hedge fund focused on Southeast Asia early next year.

The London-based firm aims to raise US$30 million for the vehicle, which will invest primarily in Indonesia and the Philippines. In particular, it will focus on banking, consumer and infrastructure opportunities in the region, The Wall Street Journal reports.

"I have seen absolutely enormous change," Paul Bate, founder of the US$400 million firm, said. "There are a very large number of companies that have very good prospects because it is such an early stage and they have so much more growth to go."

"Valuations are full for the well-known stock," he continued, "but there are plenty of slightly less-well-known stocks where their growth in not priced in."

Bate said government spending on infrastructure and the region's "very strong banking system" are key opportunities.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...